Mixed-Use Property with Residential
For Sale
$849,900
1520 Richmond Ave, Staten Island, NY 10314
Residential Income, Staten Island, NY
Property Size1,700 SF
Lot Size0.07 Acres
Price / SF$499.94
Days on Market53
Property Features for 1520 Richmond Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3
Parking features
Driveway
Fencing
Fenced
Subdivision
Bulls Head
Directions
Jardine Ave
Standard status
Active
Size
1,700 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
11778
Utilities
Heating system
Natural Gas
Building Details
Year built
1978
Floors in Building
2
Listing Agency:
CENTURY 21 PAPP REALTY
Listed By:
Angelo Pappalardo · License #10311207495
(718) 727-6900
Added: Aug 18
Changed: Sep 26
Last Checked: Oct 9 at 12:06AM
MLS# 11940007
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines a commercial area with residential accommodations, offering a two-bedroom, three-bathroom configuration. The building contains 1,700 square feet on a 0.0744-acre lot and was constructed in 1978. Natural gas heating, a driveway, and fencing are included.
The property fronts Richmond Avenue in Staten Island and is positioned near the Staten Island Expressway, public transportation, shopping, restaurants, and established businesses. Its commercial presence along the corridor supports professional or medical use, while the residential portion can accommodate occupancy or rental income.
The property fronts Richmond Avenue in Staten Island and is positioned near the Staten Island Expressway, public transportation, shopping, restaurants, and established businesses. Its commercial presence along the corridor supports professional or medical use, while the residential portion can accommodate occupancy or rental income.
Key Highlights
- Mixed‑use property with commercial and residential components
- 1,700 square feet on a 0.0744‑acre lot
- Two bedrooms and three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,545
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$870,900
$870.9K
Cap Rate 7%
$622,071
$622.1K
Cap Rate 9%
$483,833
$483.8K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$73.0K $42.96/SF
− Vacancy
−$15.0K −$8.81/SF
EGI
$58.1K $34.15/SF
− OpEx
−$14.5K −$8.54/SF
NOI
$43.5K $25.61/SF
Area
ZIP 10314
Vacancy
20.50%
Lease Rate
$42.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$870,900
Cap Rate 7%
$622,071
Cap Rate 9%
$483,833
Alternative Uses
Best Use
Office B
$622.1K
$544.3K – $725.8K
NOI $43,545 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$614.2K
$537.4K – $716.6K
NOI $42,995 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$811.1K
$709.8K – $946.3K
NOI $56,780 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
961
Businesses Nearby
Explore this area
Business Placement
Demographics for 10314, NY
92,157
Population
33,554
Households
2.7
Avg Household Size
41
Median Age
37%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
7,089
Density / Sq Mi
$104,655
Median Household Income
$58,769
Median Earnings
$1,726
Median Rent
$665,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial and residential components support owner occupancy, professional use, or rental income.
Where is this mixed-use property located?
The property is located at 1520 Richmond Ave Staten Island, NY.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Mixed‑use property with commercial and residential components; 1,700 square feet on a 0.0744‑acre lot; Two bedrooms and three bathrooms
